se MV=P(1+RT) to find the maturity value (in$) of the loan.  principal: $730,000 rate: 13.35% time: 7 months

Q: Use the formula A = P(1 + rt) to calculate the maturity value of the simple interest loan. (Round…

A: Simple interest is the interest changed on loans which can be calculated by multiplying the…

Q: The principal  P is borrowed at a simple interest rate R for a period of time T. Find the loans…

A: Calculation of Future Value and Total Amount Due:The future value is 7,605 and total amount due is…

Q: What is the discount interest rate if P129,750 was obtained after a loan of P150,000 was granted for…

A: Simple interest is a quick and easy way to find out how much money you owe. The daily interest rate…

Q: Find the maturity value on a loan of $2,500 at 12.5% interest, for 48 months. Use the formula MV = P…

A: In this we have to calculate interest on the loan.

Q: I would appreciate it If you could also explain how to plug this into a financial calculator

A: Calculation of effective annual rate (EAR): Answer: The correct answer is option D.

Q: Compute the rate (in %) for the loan. Round answers to the nearest tenth of a percent; use ordinary…

A: Ordinary interest for a loan is a type of simple interest that uses 360 days instead of 365 days as…

Q: Use the formula A = P(1 + rt) to calculate the maturity value of the simple interest loan. (Round…

A: Given information: Principal (P) is $12,000, Rate of interest (r) is 8.3%, Number of months (t) is 8…

Q: Find the simple interest owed for the loan. $2650 at 4.87% for 29 months The interest charged on a…

A: Given: Loan = $2,650 Interest rate = 4.87% Periods = 29 months

Q: Calculate the maturity value of the simple interest loan. (Round your answer to two decimal places.)…

A: As per the simple interest loan, The formula to be used is: A=P(1+rt)

Q: Find the maturity value FV of the given loan amount. (Round your answer to the nearest cent.) $1,200…

A: ,

Q: (Refer to this word problem ) The accumulated value of a 3-month loan of P5,000 is P5,085. What is…

A: Loan amount = P5000 Accumulated value = P5085 Interest amount = 5085-5000 = P85 Period = 3 Months =…

Q: What is the maturity value of a $60,000 loan, for 100 days, at 12.2% interest, using the exact…

A: Exact Interest method is a method which uses the exact no of days in a year rather than the ordianry…

Q: Assessment I. Construct an amortization table for a loan of PHP1000 to be paid in 4 annual payments…

A: Loan means the amount taken from another person to be repaid back with interest. When a fixed…

Q: What is the maturity value of a $7,500 loan for 16 months at 4.8% compounded monthly? Also. how much…

A: Future value is the worth of any asset or any sum of money at a future date when such asset or money…

Q: Prepare a duration table under the following assumptions a. $100,000 balloon loan b. Annual…

A: The conceptual formula is: (PV)(CFt) is PV of coupon at time period t

Q: A P22,000 loan bearing interest at 9.6% compounded bimonthly was repaid, after a period of deferral…

A: Interest rate (r) = 9.6% per annum = 9.6%/24 per bimonthly = 0.4% Bimonthly payment (B) = P 2600…

Q: Use MV = P(1 + RT)  to find the maturity value (in $) of the loan. (Round your answer to two decimal…

A: There are two types of interest rate simple interest and compounding interest. Simple interest no…

Q: Compute the simple interest of a loan amounting to P50,000.00 payable in 8 months if the interest…

A: Simple Interest:   Simple interest is a method of calculating the interest that is charged on fixed…

Q: What is the maturity value of the loan if the proceeds is P22,000 at the rate of 10% for 10 months?…

A: Proceeds (P) = P 22000 r = 10% n = 10 months = 10/12 years = 0.833 years

Q: If the proceeds of a loan of P12,450 will be paid with P12,840 at the end of 1 year and 9 months.…

A: Loan amount = P 12450 Par value = P 12840 Discount amount = Par value-Loan amount…

Q: Determine the present value of a 4 month, 13 1/2 simple interest loan. if its final amount is 31,350

A: To calculate the present value we will use the simple interest formula as follows:   Present value =…

Q: Calculate the simple interest due on a 72-day loan of P3,000 if the annual interest rate is 4%.

A: Loan amount (P) = P3000 Interest rate (r) = 4% Period (d) = 72 days

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A: The simple interest is computed on the loan amount for the time period the loan was due. It does not…

Q: Calculate the simple interest due on a 3-month loan of P 1400.00 if the interest rate is 7.5%

A: Simple Interest : The simple interest is calculated by using the following formula & information…

Q: Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b.…

A: A type of loan in which the borrower has to make a schedule for the periodic payment regarding both…

Q: (Refer to this word problem The accumulated value of a 3-month loan of P5,000 is P5,085. What is the…

A: Principal (P) = P 5000 Accumulated value (F) = P 5085 n = 3 months = 0.25 years Let r = Simple…

Q: A loan is to be amortized quarterly at P167,900.00 for three years. Find the outstanding principal…

A: Loan amount = L = P 167900 n = 3 years = 12 quarterly payments r = 8% per annum = 2% quarterly Let Q…

Q: ind the maturity value of the loan. The maturity value is $ Principal Rate Time $1000 8% 18 months

A: In this we have to find out the maturity value of loan by using future value formula.

Q: T Find the amount of interest and the maturity value of the following loan. Principal Rate (%) Time…

A: Following is the answer to the given question

Q: A loan of $3000 is to be repaid by level monthly installments in arrears over a period of 3 years.…

A: Annual percentage rate (APR) refers to the annual cost of funds borrowed.

Q: Use the formula A = P(1 + rt) to calculate the maturity value of the simple interest loan. (Round…

A: Given information: Principal (P) is $2,600 Rate of interest (r) is 9.4%, Number of months (t) is 5…

Q: A payday loan provides short-term loans ranging from $250 to $2,000. Assume the cost of the loan is…

A: Given information : Range of short term loans = $250 to $2000 Cost of the loan = $1 per day per $100…

Q: 1. Based on the information, determine the value of each “ ? “ in the following table Loan principal…

A: We need to compute annual installment amount of loan. This can be computed with the help of PMT…

Q: Prepare a duration table under the following assumptions a. $100,000 balloon loan b. Annual payments…

A: Given Information: Par value $100,000 Stated rate - 7% Yield - 9%

Q: Calculate the maturity value of a simple interest, 3-month loan of $8000 if the interest rate is…

A: Given: Period = 3 months Loan = $8,000 Interest rate = 5.6%

Q: E Loan Amount Is $430,000 Loan is a 7/30 Balloon Loan Annual Interest Is 3.75%, with monthly…

A: Given, Loan amount is $430,000 Interest rate is 3.75% Loan is 7/30 balloon loan, which means, after…

Q: Find the refund fraction on a 18-month loàn with interest of $2,852 if the loan is paid in The…

A: The refund fraction is the fraction or percentage that has to refund of the amount of loan.

Q: find the final payment F.

A: A debt re-payment consists of loan amount and interest charged.

Q: The principal P is borrowed at a simple interest rate r for a period of time t. Find the loan's…

A: When interest is calculated only on principal over period without considering compounding factor of…

Q: Find the present value (principal) to pay on a loan if $ 8,923 of future value (amount) is paid at…

A: Future value = Present value * (1 + rate*time)

Q: Find the maturity value of a loan of P18,000.00 made for 2 years at 8% simple interest.

A: Maturity Value based on simple Interest: = Principal + Interest  = Principal + ( Principal ×…

Q: The debt is amortized by the periodic payment shown. Compute (a) the number of payments required to…

A: According to the time value of money concept, an amount of money has two different purchasing power…

Q: You have taken a loan of $150,000 at an interest rate of 6% (annual). If the number of monthly equal…

A: Monthly payments towards interest and principal are based on the interest rate, beginning loan…

Q: Calculate the maturity value of a simple interest, 6-month loan of $5000 if the interest rate is…

A:

Q: For numbers 1 to 3, calculate the simple interest earned. Round to the nearest centavo. 1. P = Php…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A: The annual interest rate that is charged by the lenders or at which the investors earn additional…

Q: Find the maturity value for a loan of Php 25 000 to be repaid in 8 months with an interest rate of…

A: Formula: Maturity value = Principal value + Interest amount

Q: Find the maturity value FV of the given loan amount. (Round your answer to the nearest cent.) $2,740…

A: Given information: Loan amount is $2,740 Interest rate is 12 ¾% Number of days is 260.

Amortized Loans

The term "amortization" refers to spreading the value of a loan or a debt over a series of regular payments or installments comprising of both the principal and interest amount. It generally involves the process where in the value of a loan or an intangible asset is written down over its maturity period.